After solid job growth and robust consumer spending readings in May and June, the U.S. economy was cruising along at a decent speed of recovery.
Visa U.S. Economic Outlook (August 2020)
August 17, 2020 / By ICBA
After solid job growth and robust consumer spending readings in May and June, the U.S. economy was cruising along at a decent speed of recovery.
After solid job growth and robust consumer spending readings in May and June, the U.S. economy was cruising along at a decent speed of recovery.
Incoming economic data for the month of July, however, showed that the economy decelerated with the speed bump of a surge in COVID-19 cases across wide swaths of the country.
Subscribe now
Sign up for the Independent Banker newsletter to receive twice-monthly emails about new issues and must-read content you might have missed.
Sponsored Content
Featured Webinars
Join ICBA Community
Interested in discussing this and other topics? Network with and learn from your peers with the app designed for community bankers.
Subscribe Today
Sign up for Independent Banker eNews to receive twice-monthly emails that alert you when a new issue drops and highlight must-read content you might have missed.
News Watch Today
Join the Conversation with ICBA Community
ICBA Community is an online platform led by community bankers to foster connections, collaborations, and discussions on industry news, best practices, and regulations, while promoting networking, mentorship, and member feedback to guide future initiatives.